USD1 supply grew by $1.1 billion from the end of January, with the Solana chain growing by $720 million

USD10,01%
BNB-1,7%
ETH-3,53%

Gate News reported on March 27 that, according to Ember monitoring, the supply of the USD1 stablecoin has increased from $3.3 billion to $4.4 billion since the start of certain CEX-related activities at the end of January, an increase of $1.1 billion. The main growth came from the Solana chain, where its supply increased from $160 million to $880 million, an increase of $720 million. The remaining $380 million increase is distributed across the BNB Chain and the Ethereum network. Currently, USD1 is mainly distributed across the three aforementioned blockchains.

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